WASHINGTON (AP) — Medicare's basic monthly premium will rise significantly less than expected next year, the government announced Thursday. That could pay political dividends for President Barack Obama and for Democrats struggling to win over seniors in a close election.
The new Part B premium for outpatient care will be $99.90 a month for 2012, or about $7 less than projected as recently as May.
The bottom line: most seniors will pay an additional $3.50 a month next year, instead of $10.20, as forecast earlier.
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